PCMLTF Act definition

PCMLTF Act means the Proceeds of Crime (Money Laundering) and Terrorist Financing Act, as amended and supplemented from time to time.
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PCMLTF Act is defined in Section 4.1.14.
Sample 1

Examples of PCMLTF Act in a sentence

  • CLHIA believes that the availability of such information should also assist financial institutions in meeting requirements established by the Proceeds of Crime (Money Laundering) and Terrorist Financing (PCMLTF) Act and Regulations.

  • I chose to deploy the “Master-Agent” in the PGW because it has direct a connection with the PCRF and with the Internet, e.g. other networks and Over-The-Top (OTT) providers.The layers of the QoE-Layered model and their related factors are the following: Resource Layer The factors are related to the characteristics and the performance of the network resources and the technical system which are used to deliver the service.

  • Beneficial ownership information which is collected should match the information types required to be collected under the PCMLTF Act, and include both direct and indirect ownership requirements.

  • Anti-Money Laundering and Anti-Terrorist Financing Requirements The CBCA expansion of information should assist financial institutions with confirming the accuracy of identification and beneficial ownership requirements established by the PCMLTF Act and Regulations.

  • Reported information should satisfy the PCMLTF Act and Regulation requirements for identification of beneficial owners who own or control 25 per cent or more of an entity and securities industry rules requiring identification of persons who own or control more than 10 per cent (see Investment Industry Regulatory Organization of Canada (IIROC) Rule 1300).

  • Each Lender subject to the USA Patriot Act and/or the PCMLTF Act hereby notifies the Borrower that pursuant to the requirements of the USA 144 Patriot Act and/or the PCMLTF Act, it is required to obtain, verify and record information that identifies the Borrower, which information includes the name and address of the Borrower and other information that will allow such Lender to identify the Borrower in accordance with the USA Patriot Act or the PCMLTF Act, as applicable.

  • The PCMLTF Act creates offences in respect of contraventions of statutory duties by persons or entities to which the legislation applies.

  • Generally speaking, the statutory duties to verify identities, report transactions and keep documents apply to the banks and the other organizations named in section 5 of the PCMLTF Act.

  • Section 73.12 of the PCMLTF Act provides that proceeding by way of a violation precludes proceeding by way of an offence.

  • The latter circumstances are of interest not only to compliance officers, but to all «directors, officers and agents» of organizations to which the PCMLTF Act applies To date, there has been no public announcement of any prosecution of an employee for any personal or organizational contravention of the duties set out in the PCMLTF Regime.

Related to PCMLTF Act

  • TIF Act means the Real Property Tax Increment Allocation Redevelopment Act, Sections 99.800 to 99.865 of the Revised Statutes of Missouri, as amended.

  • Civil Relief Act The Soldiers' and Sailors' Civil Relief Act of 1940, as amended.

  • Relief Act The Soldiers' and Sailors' Civil Relief Act of 1940, as amended.

  • FOI Act means the Freedom of Information Xxx 0000 and any subordinate legislation made under this Act from time to time together with any guidance and/or codes of practice issued by the Information Commissioner in relation to such legislation;

  • the 1981 Act which means the Compulsory Purchase (Vesting Declarations) Act 1981.

  • Rail Safety Act means the Rail Safety Act 1998 (WA);

  • Servicemember means a member of a uniformed service.

  • 2012 Act means the Health and Social Care Act 2012;

  • the 2007 Act means the Local Government and Public Involvement in Health Act 2007;

  • the 2002 Act means the Nationality, Immigration and Asylum Act 2002;

  • ACNC Act means the Australian Charities and Not-for-profits Commission Act 2012 (Cth).

  • CER Act means the Canadian Energy Regulator Act (Canada), and regulations thereunder, all as amended or replaced from time to time.

  • PBR Act means the Plant Breeder’s Rights Xxx 0000 (Cth) as amended from time to time.

  • the 1974 Act means the Health and Safety at Work etc. Act 1974;

  • POPI Act means the Protection of Personal Information Act, Act 4 of 2013;

  • Society Act means the Society Act of British Columbia from time to time in force and all amendments to it;

  • OHS Act means the Occupational Health and Safety Act 2004;

  • the 1992 Act means the Local Government Finance Act 1992;

  • the 1988 Act means the Local Government Finance Act 1988.

  • the 1983 Act means the Representation of the People Act 1983;

  • FAIS Act means the Financial Advisory and Intermediary Services Act, 2002 (Act No. 37 of 2002);

  • the 1991 Act means the Water Industry Act 1991(a);

  • EP Act means the Environmental Protection Xxx 0000;

  • FMC Act means the Financial Markets Conduct Act 2013.

  • the 1998 Act (“Deddf 1998”) means the Teaching and Higher Education Act 1998;

  • Terrorist Act means any actual or threatened use of force or violence directed at or causing damage, injury, harm or disruption, or commission of an act dangerous to human life or property, against any individual, property or government, with the stated or unstated objective of pursuing economic, ethnic, nationalistic, political, racial or religious interests, whether such interests are declared or not. Criminal acts, primarily committed for personal gain and acts arising primarily from prior personal relationships between perpetrator(s) and victim(s) shall not be considered terrorist acts. Terrorist act also includes any act, which is verified or recognised by the (relevant) Government as an act of terrorism.